General Electric Co (GE)
Industrials · Aerospace & Defense · US stock · S&P 500 component
$293.54
▼ -2.34 (0.79%)
Fair valueFair
$251 −14.6% to fair value
$125fair band $213–$304$376
Day's range
$285.51 – $294.40
52-week range
$268.91 – $388.84
About General Electric Co
General Electric, now operating as GE Aerospace, designs and makes jet engines and related systems for commercial and military aircraft. It was reshaped after its energy and health care businesses were separated into independent companies. Customers include airlines, aircraft manufacturers, leasing firms and military customers, and the business is organised into commercial engines and services and defence and propulsion technologies units. Much of its commercial output comes through the CFM International partnership with Safran.
Revenue comes from new engines and from long-term maintenance, spare parts and repair work on engines already flying, which continues for many years. Revenue was $50.6 billion over the last twelve months, with growth of 16.3% a year across the last three years. The operating margin is 20.5%, and the business earns a profit of 33% on the capital invested in it. Net debt is 0.9 times EBITDA. The dividend yield is 0.6%. On the site's X-Ray Score it receives 49 out of 100.
Price chart
52-wk range $268.91 – $388.84Volume 6,371,960Daily, split-adjusted
Vitals
Market cap$307.3B
52-week range$268.91 – $388.84
Volume (last day)6,371,960
P/E (TTM)34.6
EBIT / EV yield3.3%
Free-cash-flow yield2.7%
Dividend yield0.6%
Revenue (TTM)$50.6B
Net income (TTM)$9.0B
Operating margin20.5%
Return on capital32.7%
Debt incl. leases$19.2B
Cash & securities$9.3B
Debt = borrowings plus lease liabilities. Cash & securities = cash, equivalents and short-term marketable securities (long-term securities are not counted, so net cash can be understated for companies that hold large long-term investments). Net debt = debt minus cash & securities. Source: latest SEC 10-Q/10-K. EBIT / EV yield = operating profit divided by market cap plus net debt.
Fair value estimate
$251middle half of models $176 – $331
Fair
−14.6% to fair value
Average of the 14 valuation models that pass our checks: multiples, discounted cash flow, dividend discount and earnings power value. A model more than 100% above or 60% below the price is left out as unrealistic. Model uncertainty is High, based on how far apart the models are. Undervalued or Overvalued means the gap to fair value is more than 17.5%.
Peak-cycle earnings: the current operating margin is more than 1.5x its 7-year average, so multiples applied to today's profit may overstate value; model uncertainty is set to High
Price $294
Undervalued < $213Fair $213 – $304Overvalued > $304
P/E multiple
$295
P/B multiple
$175
P/S multiple
$219
EV/EBITDA multiple
$269
EV/EBIT multiple
$279
EV/revenue multiple
$237
10-year DCF, EBITDA exit
$350
5-year DCF, EBITDA exit
$360
10-year DCF, revenue exit
$343
5-year DCF, revenue exit
$346
10-year DCF, growth exit
$180
5-year DCF, growth exit
$166
Dividend discount, multi-stage
$162
Earnings power value
$130
Growth the price implies
18.4%/yr
A model estimate, not a price target or recommendation. Inputs: risk-free 5.13%, equity risk premium 4.30% (Damodaran). How it works.
What this means
Average business, fairly priced
The price sits inside our fair-value band. A high score does not guarantee a good outcome; it shifts the odds a little. Use the checklist as a prompt for your own research.
Before you invest · decision checklist
Ticked boxes are filled in from our data; the rest are yours to answer.
The five-lens scan
Every score explained in one sentence, ranked against Industrials peers. Open a lens to see the numbers behind it.
Strong: 70 to 100Fair: 50 to 69Weak: under 50No score: not enough data
Valuation
Weak
19/100
Expensive against its sector on earnings and cash flow.
See the numbers →
EBIT / EV yield3.3%
Free-cash-flow yield2.7%
Fair value vs price0.9×
Growth
Strong
82/100
Growing faster than most of its sector.
See the numbers →
Revenue growth (3y)16.3%
EPS growth (3y)446.0%
Growth consistency100%
Profitability
Weak
46/100
Earns lower returns on its capital than most peers.
See the numbers →
Return on invested capital32.7%
Operating margin20.5%
Financial health
Fair
55/100
Balance sheet is in typical shape for its sector.
See the numbers →
Piotroski F-Score6 / 9
Net debt / EBITDA0.9×
Interest coverNo interest cost
Dividends
Fair
51/100
Dividend is typical for its sector.
See the numbers →
Dividend yield0.6%
Dividends vs free cash flow22%
Dividend growth31.5%
Quarterly results: last 6 quarters
+10.9%
Mar '25
+21.2%
Jun '25
+23.8%
Sep '25
+17.6%
Dec '25
+24.7%
Mar '26
+21.1%
Jun '26
Revenue against the same quarter a year earlier. Latest quarter revenue $13.3B, diluted EPS $2.26.
Compare with peers
GD General Dynamics Corp70 TXT Textron Inc65 LHX L3harris Technologies,...60 TDG TransDigm Group INC57Other Aerospace & Defense companies by X-Ray Score.
SWOT analysis: General Electric Co
Strengthsinside the company
- Return on invested capital is 32.7%, against a median of 12.8% for industry peers.
- Operating margin of 20.5% is well above the 10.3% median of industry peers, a sign of pricing power or lower costs.
- Revenue has grown 16.3% a year over three years (median 9.9% for industry peers).
- Earnings per share have compounded at 446.0% a year over three years.
Weaknessesinside the company
- No clear weakness in the figures we track.
Opportunitiesvaluation and setting
- No specific opportunity is visible in our valuation, sector or growth data.
Threatsvaluation and setting
- Trades at 34.3x earnings, 35% above the 25.4x median of industry peers, so the price already assumes better results.
- Valuation uncertainty is high: the models give widely different values, so the fair value range is wide.
- The price trend is down on the daily and weekly signals.
Written by fixed rules from the figures on this page and the peer table below: filings, our fair value, the sector climate and the price trend. It summarises the data, it is not a forecast or advice.
Compare GE with peers and sector
Medians of 11 Aerospace & Defense peers and of 80 Industrials stocks in our universe.
Largest peers (X-Ray Score): RTX 51, BA 35, LMT 55, GD 70, NOC 49, HWM 55.
| Metric | GE | Peers | Sector |
|---|---|---|---|
| X-Ray Score (out of 100) | 49 | 55 | 51 |
| Valuation | 19 | 61 | 48 |
| Growth | 82 | 58 | 50 |
| Profitability | 46 | 40 | 51 |
| Financial health | 55 | 55 | 49 |
| Dividends | 51 | 54 | 53 |
Sector leaders: highest X-Ray Score in Industrials
GE ranks #48 of 81 in Industrials and #9 of 12 in Aerospace & Defense by X-Ray Score. A higher score is stronger on our five pillars; it is a ranking of facts, not a forecast.
Green means better than the peer median, red worse (only where a higher or lower figure is clearly better). A dash means too few companies report the figure. P/E, EV/EBITDA and price changes are not graded: a different level is not good or bad by itself.
Factor ratings for GE
Each factor is rated by where GE stands among the 81 Industrials stocks in our universe.
Rating against the sector
Goodthe top third of these stocks
Averagethe middle third of these stocks
Badthe bottom third of these stocks
"Beats" is the share of those stocks it is ahead of.
Against its own history
The last columns set today's figure against the company's own median of its last five financial years:
▲ Betterbetter than its usual level
▼ Worseworse than its usual level
≈ In linewithin its usual range
For valuation factors Good means cheaper than most of the sector and Better means cheaper than usual for this company, which is not the same as a bargain.
In total: 9 Good · 3 Average · 9 Bad of 21
Growth: 3 · 0 · 0
Profitability: 4 · 0 · 0
Financial strength: 2 · 1 · 1
Valuation: 0 · 0 · 5
Cash flow: 0 · 2 · 2
Efficiency: 0 · 0 · 1
| Factor | GE | Rating | Sector median | Own 5-year median | Against own history |
|---|---|---|---|---|---|
| Growth | |||||
| Revenue growth, 3 years a year | +16.3% | Good beats 89% | +5.6% | – | – |
| Revenue growth, last year | +18.5% | Good beats 93% | +4.5% | +9.5% | ▲ Better |
| EPS growth, 3 years a year | +446.0% | Good beats 99% | +5.7% | – | – |
| Profitability | |||||
| Operating margin | 20.5% | Good beats 70% | 17.5% | 19.7% | ≈ In line |
| Net margin | 17.7% | Good beats 77% | 12.8% | 16.9% | ≈ In line |
| Return on invested capital | 32.7% | Good beats 86% | 14.9% | – | – |
| Return on equity | 50.9% | Good beats 90% | 23.7% | 33.9% | ▲ Better |
| Financial strength | |||||
| Net debt / EBITDA | 0.9x | Good beats 77% | 1.8x | 0.7x | ≈ In line |
| Interest cover | 50.0x | Good beats 76% | 21.4x | – | – |
| Current ratio | 0.98 | Bad beats 20% | 1.25 | 1.18 | ▼ Worse |
| Piotroski F-score | 6 / 9 | Average beats 41% | 6 / 9 | – | – |
| Valuation | |||||
| P/E ratio | 34.3x | Bad beats 29% | 28.9x | 32.8x | ≈ In line |
| Price / book | 17.4x | Bad beats 8% | 6.2x | 4.1x | ▼ Worse |
| Price / sales | 6.1x | Bad beats 18% | 3.5x | 3.2x | ▼ Worse |
| EV / EBITDA | 28.2x | Bad beats 14% | 18.5x | 25.0x | ▼ Worse |
| Free cash flow yield | 2.7% | Bad beats 14% | 3.8% | 3.8% | ▼ Worse |
| Cash flow | |||||
| Free cash flow margin | 16.6% | Average beats 62% | 13.8% | 12.2% | ▲ Better |
| Cash from operations / net income | 1.09 | Bad beats 16% | 1.39 | 0.85 | ▲ Better |
| Free cash flow growth, 3 years a year | +14.4% | Average beats 48% | +14.5% | – | – |
| Accruals (lower is better) | −0.6% | Bad beats 8% | −3.2% | – | – |
| Efficiency | |||||
| Days sales outstanding | 89 days | Bad beats 12% | 57 days | 90 days | ≈ In line |
These ratings compare companies with each other and describe the past; they are not a forecast, a recommendation or part of the X-Ray Score. A factor is left out when its data is missing or meaningless (for example a P/E on negative earnings). A dash in the history columns means fewer than three usable years.
Fundamentals checklist
● 7 Good · ● 3 Average · ● 5 BadCash quality
Earnings backed by cashBad
Free-cash-flow yieldBad
Risk models
Altman Z''Average
Piotroski F-ScoreAverage
Growth
EPS growth (3y)Good
Free-cash-flow growth (3y)Average
Revenue growth (3y)Good
Growth consistencyGood
Balance sheet
Current ratioBad
Net debt / EBITDAGood
Interest coverGood
Valuation
Fair value vs priceBad
EBIT / EV yieldBad
Profitability
Return on invested capitalGood
Operating marginGood
Each check is graded against the company's sector, not a fixed number. Checklist score 52/100.
Financials
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Revenue | $56.5B | $29.1B | $35.3B | $38.7B | $45.9B |
| Operating income | −$5.7B | $1.5B | $10.4B | $7.6B | $10.0B |
| Net income | −$6.3B | $336M | $9.5B | $6.6B | $8.7B |
| Operating cash flow | $3.5B | $5.9B | $5.2B | $4.7B | $8.5B |
| Operating margin | -10.1% | 5.2% | 29.5% | 19.7% | 21.8% |
| Free cash flow | $2.5B | $4.9B | $4.3B | $3.7B | $7.3B |
| Diluted EPS | $-6.00 | $0.05 | $8.36 | $5.99 | $8.14 |
Fiscal years, from SEC filings.
Technical summary
Daily
Strongly bearish
1 bullish · 3 neutral · 12 bearish
Weekly
Bearish
3 bullish · 1 neutral · 8 bearish
Monthly
Neutral
4 bullish · 1 neutral · 3 bearish
Moving averages (daily)
| SMA 10 | 305.8 | Bearish |
| EMA 10 | 303.9 | Bearish |
| SMA 20 | 308.9 | Bearish |
| EMA 20 | 308.7 | Bearish |
| SMA 50 | 324.7 | Bearish |
| EMA 50 | 320.5 | Bearish |
| SMA 100 | 339.2 | Bearish |
| EMA 100 | 325.8 | Bearish |
| SMA 200 | 322.6 | Bearish |
| EMA 200 | 318.3 | Bearish |
Oscillators (daily)
| RSI (14) | 30.33 | Neutral |
| MACD (12, 26) | -6.53 | Bearish |
| Momentum (12) | -5.12 | Bearish |
| Stochastic %K (14) | 22.52 | Neutral |
| Williams %R (14) | -77.48 | Neutral |
| CCI (20) | -217.5 | Bullish |
Pivot points (classic, last session)
S3 279.0 | S2 282.3 | S1 287.9 | Pivot 291.2 | R1 296.8 | R2 300.0 | R3 305.7 |
Signals describe what the chart is doing, not what to do. Moving averages: price above the average is bullish. Oscillators use the usual thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20; MACD and momentum above zero are bullish). Weekly and monthly views use closing prices only.
Dividends
Paid, last 12 months
1.77 USD
Yield on today's price
0.60%
Frequency
Quarterly
Next ex-dividend date
Not announced
| Ex-dividend date | Amount per share |
|---|---|
| 0.4700 | |
| 0.4700 | |
| 0.4700 | |
| 0.3600 | |
| 0.3600 | |
| 0.3600 | |
| 0.3600 | |
| 0.2800 | |
| 0.2800 | |
| 0.2800 | |
| 0.2800 | |
| 0.0800 |
Ex-dividend dates and amounts from EODHD. Shown as declared, before tax.
ETFs that hold GE
| ETF | Share of the fund |
|---|---|
| ITA iShares U.S. Aerospace & Defense | 22.61% |
| DFEN Daily Aerospace & Defense Bull 3X | 14.43% |
| PPA Invesco Aerospace & Defense | 7.11% |
| XLI Industrial Select Sector SPDR | 6.77% |
| FIDU Fidelity MSCI Industrials Index | 5.35% |
| VIS Vanguard Industrials | 4.84% |
| IYJ iShares U.S. Industrials | 4.45% |
| SPHQ Invesco S&P 500 Quality | 3.95% |
The eight funds with the largest weight in GE among the ETFs we cover, from each fund's latest SEC Form N-PORT (quarter-end positions, so they can be months old). All ETFs.
GE stock splits
GE has split its stock 4 times since 1994. The latest was a 1-for-8 reverse split on 2 Aug 2021.
Full GE stock split history →GE SEC filings
10-QSEC EDGAR
Quarterly report
8-KSEC EDGAR
Results of operations
8-KSEC EDGAR
Director or officer change; Other events
8-KSEC EDGAR
Regulation FD disclosure; Other events
10-QSEC EDGAR
Quarterly report
8-KSEC EDGAR
Results of operations
8-KSEC EDGAR
Current report
8-KSEC EDGAR
Director or officer change
Where the numbers come from
Statements SEC EDGAR filings (10-K, 10-Q), quarters derived from year-to-date figures.
Prices end-of-day closes, split-adjusted.
Industry inputs beta, multiples and equity risk premium from Damodaran Online (NYU Stern).
StocksXray is for education only and is not financial advice. Scores and fair values are model estimates from public filings and carry uncertainty.